MODULEX CONSTRUCTION TECHNOLOGIES LIMITED

Income Statement Modulex Construction Technologies Limited

Stocks

MODULEX

INE064R01012

Construction & Engineering

Market Closed - Bombay S.E. 06:02:24 2026-10-13 EDT			5-day change	1st Jan Change
14.98 ^INR	-2.35%		-0.40%	-31.72%

09-30	Modulex Construction Technologies Limited Receives Order For INR 147.2 Million	CI
09-30	Modulex Construction Technologies Limited Announces Resignation of Mahendra Kumar Bhurat as Chief Financial Officer, Effective 30 September, 2026	CI

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Published financial data: MODULEX CONSTRUCTION TECHNOLOGIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	-	-	-	-	-
Other Revenues, Total	-	-	3.03M	-	-
Total Revenues	-	-	3.03M	-	-
Cost of Goods Sold, Total	566K	525K	1.94M	1.04M	3.14M
Gross Profit	-566K	-525K	1.09M	-1.04M	-3.14M
Selling General & Admin Expenses, Total	24.38M	26.09M	22.65M	27.76M	71.61M
Depreciation & Amortization - (IS)	1.42M	984K	924K	1.18M	30.53M
Other Operating Expenses	28.48M	45.89M	46.19M	24.68M	43.32M
Other Operating Expenses, Total	54.29M	72.96M	69.76M	53.61M	145M
Operating Income	-54.85M	-73.49M	-68.68M	-54.65M	-149M
Interest Expense, Total	-28.08M	-28.9M	-7.2M	-29.25M	-19.02M
Interest And Investment Income	741K	1.31M	1.51M	283K	20.04M
Net Interest Expenses	-27.34M	-27.6M	-5.69M	-28.97M	1.01M
Income (Loss) On Equity Invest.	-	-179K	-	-	-
Currency Exchange Gains (Loss)	-	-	-	-	-1.36M
Other Non Operating Income (Expenses)	927K	431K	209K	-481K	686K
EBT, Excl. Unusual Items	-81.27M	-101M	-74.15M	-84.1M	-148M
Gain (Loss) On Sale Of Investments	-	-	5.87M	-	-
Asset Writedown	-	-45K	-	129M	-
Insurance Settlements	14K	568K	-	-	-
Other Unusual Items	717K	9.92M	884K	1.11M	-
EBT, Incl. Unusual Items	-80.54M	-90.39M	-67.4M	46.32M	-148M
Income Tax Expense	393K	30K	1.67M	-2.42M	-
Earnings From Continuing Operations	-80.93M	-90.42M	-69.07M	48.74M	-148M
Net Income to Company	-80.93M	-90.42M	-69.07M	48.74M	-148M
Minority Interest	476K	124K	82K	-	-
Net Income - (IS)	-80.45M	-90.3M	-68.99M	48.74M	-148M
Net Income to Common Incl Extra Items	-80.45M	-90.3M	-68.99M	48.74M	-148M
Net Income to Common Excl. Extra Items	-80.45M	-90.3M	-68.99M	48.74M	-148M
Per Share Items
Net EPS - Basic	-1.59	-1.76	-1.03	0.7	-2.13
Basic EPS - Continuing Operations	-1.59	-1.76	-1.03	0.7	-2.13
Basic Weighted Average Shares Outstanding	50.69M	51.3M	67.1M	69.2M	69.48M
Net EPS - Diluted	-1.59	-1.76	-1.03	0.7	-2.13
Diluted EPS - Continuing Operations	-1.59	-1.76	-1.03	0.7	-2.13
Diluted Weighted Average Shares Outstanding	50.69M	51.3M	67.1M	69.2M	69.48M
Normalized Basic EPS	-0.99	-1.23	-0.69	-0.76	-1.33
Normalized Diluted EPS	-0.99	-1.23	-0.69	-0.76	-1.33
Supplemental Items
EBITDA	-54.46M	-73.34M	-68.58M	-54.51M	-119M
EBITA	-54.85M	-73.49M	-68.68M	-54.65M	-149M
EBIT	-54.85M	-73.49M	-68.68M	-54.65M	-149M
EBITDAR	-52.93M	-71.82M	-66.82M	-52.73M	-117M
Total Revenues (As Reported)	3.02M	2.96M	11.55M	131M	20.3M
Effective Tax Rate - (Ratio)	-0.49	-0.03	-2.47	-5.22	-
Total Current Taxes	-	-	2.42M	-	-
Normalized Net Income	-50.32M	-62.9M	-46.26M	-52.56M	-92.66M
Interest on Long-Term Debt	-	-	3.54M	2.23M	-
Non-Cash Pension Expense	204K	267K	274K	294K	287K
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	284K	360K	133K	148K	700K
Selling and Marketing Expenses	284K	360K	133K	148K	700K
Net Rental Expense, Total	1.52M	1.52M	1.76M	1.78M	2.38M
Imputed Operating Lease Interest Expense	1.87M	1.57M	731K	3.55M	2.21M
Imputed Operating Lease Depreciation	-351K	-58.82K	1.03M	-1.77M	163K
Maintenance & Repair Expenses, Total	566K	525K	1.94M	1.04M	3.14M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	3.16M	348K	145K	12.13M	8.18M
Short Term Investments	500K	-	-	-	-
Total Cash And Short Term Investments	3.66M	348K	145K	12.13M	8.18M
Other Receivables	470K	203K	-	45K	-
Notes Receivable	-	1.3M	1.64M	1.72M	985K
Total Receivables	470K	1.5M	1.64M	1.76M	985K
Inventory	-	-	-	-	3.57M
Prepaid Expenses	756K	204K	158K	150K	936K
Other Current Assets, Total	4.37M	20.8M	39.86M	95.43M	93.6M
Total Current Assets	9.26M	22.85M	41.8M	109M	107M
Gross Property Plant And Equipment	400M	400M	361M	721M	846M
Accumulated Depreciation	-4.92M	-5.77M	-6.76M	-7.93M	-38.62M
Net Property Plant And Equipment	395M	394M	354M	713M	807M
Long-term Investments	7.64M	6.02M	675K	36.29M	22.42M
Goodwill	2.61B	2.57B	2.59B	2.59B	2.59B
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Charges Long-Term	-	-	-	7.86M	-
Other Long-Term Assets, Total	53.97M	37.17M	66.68M	16.59M	4.32M
Total Assets	3.08B	3.03B	3.05B	3.47B	3.53B
Liabilities
Accounts Payable, Total	12.26M	23.48M	11.73M	40.21M	16.5M
Accrued Expenses, Total	80.72M	117M	129M	148M	108M
Short-term Borrowings	161M	167M	53.39M	181M	146M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	39.62M	39.62M	-	-	-
Current Income Taxes Payable	-	-	2.42M	-	-
Other Current Liabilities	69.28M	59.89M	58.66M	58.66M	69.91M
Total Current Liabilities	363M	407M	255M	428M	340M
Long-Term Debt	19.25M	17.96M	-	-	-
Pension & Other Post Retirement Benefits	1.52M	1.61M	2M	2.68M	1.28M
Other Non Current Liabilities	10.06M	10.01M	5.54M	3.39M	6.96M
Total Liabilities	394M	437M	263M	434M	348M
Common Stock, Total	513M	513M	692M	692M	711M
Additional Paid In Capital	2.85B	2.85B	2.85B	2.92B	2.95B
Retained Earnings	-680M	-770M	-767M	-794M	-942M
Treasury Stock	-6.12M	-	-	-	-
Comprehensive Income and Other	-2.16M	-460K	-5.41M	192M	485M
Total Common Equity	2.67B	2.59B	2.77B	3.01B	3.2B
Minority Interest	8.94M	3.49M	20.41M	27M	-20.28M
Total Equity	2.68B	2.6B	2.79B	3.04B	3.18B
Total Liabilities And Equity	3.08B	3.03B	3.05B	3.47B	3.53B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	50.69M	69.2M	69.2M	69.2M	71.07M
ECS Total Common Shares Outstanding	50.69M	51.3M	69.2M	69.2M	71.07M
Book Value / Share	52.76	50.55	40.03	43.53	45.08
Tangible Book Value	62.4M	20.1M	180M	422M	613M
Tangible Book Value Per Share	1.23	0.39	2.6	6.1	8.63
Total Debt	220M	225M	53.39M	181M	146M
Net Debt	217M	225M	53.24M	169M	137M
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.7M	3.65M	4.22M	4.72M	3.3M
Debt Equivalent Oper. Leases	12.18M	12.12M	14.12M	14.25M	19.01M
Minority Interest, Total (Incl. Fin. Div)	8.94M	3.49M	20.41M	27M	-20.28M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	3.57M
Land - (BS)	-	-	-	-	-
Buildings, Total	-	-	-	-	306M
Machinery, Total	2.29M	2.15M	2.27M	4.28M	107M
Full Time Employees	2	10	10	10	10

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	-80.45M	-90.3M	-68.99M	48.74M	-148M
Depreciation & Amortization - CF	1.4M	984K	924K	1.18M	30.53M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	1.4M	984K	924K	1.18M	30.53M
Amortization of Deferred Charges, Total - (CF)	22K	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-1.54M	1.63M	-7.6M	-	-
Asset Writedown & Restructuring Costs	-	45K	-	-129M	-
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	179K	-	-	-
Other Operating Activities, Total	27.13M	17.12M	4.88M	17.63M	-1.7M
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	10.65M	21.9M	-14.76M	39.88M	-21.82M
Cash from Operations	-42.79M	-48.44M	-85.54M	-21.88M	-141M
Capital Expenditure	-34.24M	-780K	-	-237M	-125M
Divestitures	12.5M	29.08M	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-19.36M	-	-
Investment in Marketable and Equity Securities, Total	-6M	500K	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-4.7M	4.37M	-300K	-15K	17K
Other Investing Activities, Total	275K	1.12M	12K	361K	11.76M
Cash from Investing	-32.16M	34.29M	-19.65M	-237M	-113M
Short Term Debt Issued, Total	-	-	-	159M	-
Long-Term Debt Issued, Total	96.96M	8.5M	52.46M	-	-
Total Debt Issued	96.96M	8.5M	52.46M	159M	-
Short Term Debt Repaid, Total	-15.68M	-3.92M	-191M	-30.79M	-35.73M
Long-Term Debt Repaid, Total	-331K	-	-	-	-
Total Debt Repaid	-16.01M	-3.92M	-191M	-30.79M	-35.73M
Issuance of Common Stock	-	8.66M	247M	-	-
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-3.89M	-1.9M	-4.2M	143M	286M
Cash from Financing	77.06M	11.33M	105M	270M	250M
Miscellaneous Cash Flow Adjustments	1K	-	-1K	-	-
Net Change in Cash	2.11M	-2.81M	-203K	11.98M	-3.95M
Supplemental Items
Cash Interest Paid	3.89M	-	2.85M	21.52M	18.6M
Cash Income Tax Paid (Refund)	25K	30K	-	-	-
Levered Free Cash Flow	-57.29M	-42.64M	-63.87M	-299M	-253M
Unlevered Free Cash Flow	-39.74M	-24.57M	-59.37M	-281M	-241M
Change In Net Working Capital	-27.36M	-21.15M	17.38M	11.02M	54.17M
Net Debt Issued / Repaid	80.95M	4.58M	-138M	128M	-35.73M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	-1.12	-1.5	-1.41	-1.05	-2.65
Return on Total Capital	-1.18	-1.6	-1.52	-1.13	-2.84
Return On Equity %	-2.98	-3.42	-2.56	1.67	-4.77
Return on Common Equity	-2.96	-3.43	-2.57	1.69	-4.77
Margin Analysis
Gross Profit Margin %	-	-	35.92	-	-
SG&A Margin	-	-	748.38	-	-
EBITDA Margin %	-	-	-2.27K	-	-
EBITA Margin %	-	-	-2.27K	-	-
EBIT Margin %	-	-	-2.27K	-	-
Income From Continuing Operations Margin %	-	-	-2.28K	-	-
Net Income Margin %	-	-	-2.28K	-	-
Net Avail. For Common Margin %	-	-	-2.28K	-	-
Normalized Net Income Margin	-	-	-1.53K	-	-
Levered Free Cash Flow Margin	-	-	-2.11K	-	-
Unlevered Free Cash Flow Margin	-	-	-1.96K	-	-
Asset Turnover
Asset Turnover	-	-	0	-	-
Fixed Assets Turnover	-	-	0.01	-	-
Short Term Liquidity
Current Ratio	0.03	0.06	0.16	0.26	0.32
Quick Ratio	0.01	0	0	0.03	0.02
Operating Cash Flow to Current Liabilities	-0.12	-0.12	-0.33	-0.05	-0.42
Average Days Payable Outstanding	6.56K	12.42K	3.32K	9.15K	-
Long Term Solvency
Total Debt/Equity	8.21	8.66	1.91	5.96	4.57
Total Debt / Total Capital	7.59	7.97	1.88	5.63	4.37
LT Debt/Equity	0.72	0.69	-	-	-
Long-Term Debt / Total Capital	0.66	0.64	-	-	-
Total Liabilities / Total Assets	12.81	14.4	8.61	12.5	9.86
EBIT / Interest Expense	-1.95	-2.54	-9.54	-1.87	-7.81
EBITDA / Interest Expense	-1.9	-2.51	-9.41	-1.83	-6.21
(EBITDA - Capex) / Interest Expense	-3.12	-2.54	-9.41	-9.93	-12.77
Total Debt / EBITDA	-4.12	-3.1	-0.79	-3.39	-1.23
Net Debt / EBITDA	-4.05	-3.1	-0.79	-3.16	-1.16
Total Debt / (EBITDA - Capex)	-2.51	-3.07	-0.79	-0.62	-0.6
Net Debt / (EBITDA - Capex)	-2.47	-3.06	-0.79	-0.58	-0.57
Growth Over Prior Year
Gross Profit, 1 Yr. Growth %	-5.35	-7.24	-307.05	-195.31	203.38
EBITDA, 1 Yr. Growth %	19.75	34.67	-13.17	-10.61	118.63
EBITA, 1 Yr. Growth %	19.92	33.97	-13.22	-10.52	171.92
EBIT, 1 Yr. Growth %	19.92	33.97	-13.22	-10.52	171.92
Earnings From Cont. Operations, 1 Yr. Growth %	24.27	11.73	-23.62	-170.56	-404.2
Net Income, 1 Yr. Growth %	24.28	12.24	-23.6	-170.56	-404.2
Normalized Net Income, 1 Yr. Growth %	25.5	25	-26.45	13.41	76.29
Diluted EPS Before Extra, 1 Yr. Growth %	23.99	10.9	-41.48	-167.96	-404.82
Net Property, Plant and Equip., 1 Yr. Growth %	16.43	-0.06	-10.26	101.4	13.23
Total Assets, 1 Yr. Growth %	1.27	-1.44	0.65	13.75	1.67
Tangible Book Value, 1 Yr. Growth %	-55.6	-67.8	793.7	134.88	45.36
Common Equity, 1 Yr. Growth %	-2.84	-3.05	6.81	8.75	6.35
Cash From Operations, 1 Yr. Growth %	881.69	13.2	76.59	-74.43	545.69
Capital Expenditures, 1 Yr. Growth %	-	-	-	1.12K	-47.3
Levered Free Cash Flow, 1 Yr. Growth %	-3.67K	84.96	49.81	259.43	-15.35
Unlevered Free Cash Flow, 1 Yr. Growth %	-365.99	346.68	111.27	279.66	-14.07
Compound Annual Growth Rate Over Two Years
Gross Profit, 2 Yr. CAGR %	139.67	-6.3	38.58	40.48	70.04
EBITDA, 2 Yr. CAGR %	0.09	26.99	12.22	-16.93	39.8
EBITA, 2 Yr. CAGR %	0.77	26.75	11.89	-16.9	55.98
EBIT, 2 Yr. CAGR %	0.1	26.75	11.89	-16.9	55.98
Earnings From Cont. Operations, 2 Yr. CAGR %	18.15	17.84	-7.62	-26.58	46.51
Net Income, 2 Yr. CAGR %	17.83	18.11	-7.4	-26.53	46.51
Normalized Net Income, 2 Yr. CAGR %	17.88	25.25	-4.11	-8.58	41.4
Diluted EPS Before Extra, 2 Yr. CAGR %	11.79	17.26	-19.44	-36.94	43.93
Net Property, Plant and Equip., 2 Yr. CAGR %	7.71	7.87	-5.3	34.44	51.01
Total Assets, 2 Yr. CAGR %	0.21	-0.09	-0.4	7	7.54
Tangible Book Value, 2 Yr. CAGR %	-44.53	-62.19	69.65	358.16	84.78
Common Equity, 2 Yr. CAGR %	-2.53	-2.94	1.76	7.78	7.54
Cash From Operations, 2 Yr. CAGR %	18.47	233.35	41.38	-32.8	28.5
Capital Expenditures, 2 Yr. CAGR %	-45.95	-	-	1.64K	153.93
Levered Free Cash Flow, 2 Yr. CAGR %	4.61	415.74	66.46	164.89	74.43
Unlevered Free Cash Flow, 2 Yr. CAGR %	-7.46	28.25	228.53	216.15	80.62
Compound Annual Growth Rate Over Three Years
Gross Profit, 3 Yr. CAGR %	-	74.66	22.04	22.32	81.58
EBITDA, 3 Yr. CAGR %	-10.03	10.5	14.68	0.03	14.7
EBITA, 3 Yr. CAGR %	-10	10.8	14.5	-0.13	23.37
EBIT, 3 Yr. CAGR %	-10	10.31	14.5	-0.13	23.37
Earnings From Cont. Operations, 3 Yr. CAGR %	1.56	15.97	1.98	-15.55	17.92
Net Income, 3 Yr. CAGR %	9.86	15.93	2.14	-15.39	17.97
Normalized Net Income, 3 Yr. CAGR %	16.64	20.21	4.89	1.46	13.79
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.96	11.49	-6.99	-23.88	6.63
Net Property, Plant and Equip., 3 Yr. CAGR %	9.95	5.05	1.45	21.78	26.96
Total Assets, 3 Yr. CAGR %	0.77	-0.34	0.16	4.11	5.2
Tangible Book Value, 3 Yr. CAGR %	-37.33	-53.73	8.51	89.08	212.49
Common Equity, 3 Yr. CAGR %	-1.84	-2.7	0.21	4.04	7.3
Cash From Operations, 3 Yr. CAGR %	-	16.68	169.73	-20.04	42.87
Capital Expenditures, 3 Yr. CAGR %	-	-81.19	-	-	442.94
Levered Free Cash Flow, 3 Yr. CAGR %	-	-6.61	241.56	135	81.1
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-19.1	58.4	270.99	104.79
Compound Annual Growth Rate Over Five Years
Gross Profit, 5 Yr. CAGR %	-	-	-	60.09	39.36
EBITDA, 5 Yr. CAGR %	-	-	-1.71	0.05	21.25
EBITA, 5 Yr. CAGR %	103.84	120.17	-1.81	0.23	26.57
EBIT, 5 Yr. CAGR %	103.84	120.17	-1.81	-0.04	26.57
Earnings From Cont. Operations, 5 Yr. CAGR %	226.77	163.71	-2.22	-3.41	17.89
Net Income, 5 Yr. CAGR %	226.39	163.64	2.6	-3.4	18.03
Normalized Net Income, 5 Yr. CAGR %	228.9	166.13	7.85	7.74	18.24
Diluted EPS Before Extra, 5 Yr. CAGR %	54.23	26.12	-13.31	-11.23	10.76
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	3.57	15.95	18.95
Total Assets, 5 Yr. CAGR %	225.17	222.6	0.3	2.54	3.05
Tangible Book Value, 5 Yr. CAGR %	49.19	18.34	-6.66	15.77	34.26
Common Equity, 5 Yr. CAGR %	216.34	212.81	-0.41	1.36	3.08
Cash From Operations, 5 Yr. CAGR %	107.85	214.19	-	-6.42	100.5
Capital Expenditures, 5 Yr. CAGR %	-	-	-	15.11	-
Levered Free Cash Flow, 5 Yr. CAGR %	124.21	115.66	-	41.71	175.25
Unlevered Free Cash Flow, 5 Yr. CAGR %	108.44	93.38	-	43.35	74.45